Common use of Retirees’ Welfare Trust Clause in Contracts

Retirees’ Welfare Trust. Effective June 1, 20185, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 2017, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 $94.85 Effective January 1, 20198 $94.85 ARTICLE 109 – PENSION

Retirees’ Welfare Trust. Effective June 1, 2018520182022, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 201720172022, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 2018 2022 $94.85 Effective January 1, 20198 $94.85 ARTICLE 109 – PENSION94.85

Retirees’ Welfare Trust. Effective June 1, 201852023, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 2017, 2023 based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 2023 $94.85 Effective January 1, 20198 $94.85 ARTICLE 109 – PENSION94.85

Retirees’ Welfare Trust. Effective June 1, 2018520182022, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 201720172022, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 20182022 $94.85 Effective January 1, 20198 2019 $94.85 ARTICLE 109 – PENSIONEffective January 1, 2020 $TBD Effective January 1, 2021 $TBD

Retirees’ Welfare Trust. Effective June 1, 201852023, based on May hours, contribute the sum of $94.85 per employee per month for continued benefits under the "RWT PLUS PLAN." Monthly premiums required by the welfare trust, to maintain retiree coverage, greater than $94.85 per month shall be paid by the employee through wage diversion. Effective June 1, 20172023, based on May hours, the Port shall contribute the following for continued benefits under the Retirees Welfare Trust “RWT-PLUS PLAN”, and the Port shall reduce each member of the Bargaining Unit’s wages by an amount equal to one half (1/2) of the monthly premium per member. Effective June 1, 20187 2023 $94.85 Effective January 1, 20198 $94.85 ARTICLE 109 – PENSION2024 TBD Effective January 1, 2025 TBD Effective January 1, 2026 TBD